Alaska legislator proposes film tax credit repeal

Print Page Updated: 05:17:39 PM, Tue 12 February 2013
JUNEAU, Alaska (AP) — A co-chair of the House Finance Committee has proposed repealing Alaska's film production tax credit.

Rep. Bill Stoltze of Chugiak introduced HB112 on Monday. A sponsor statement was not immediately available, and Stoltze was not immediately available for comment.

The legislature last year passed a measure extending the film tax credit program.

A legislative audit report released last year, which looked at program performance issues, found Alaska's film tax-credit program has had a positive economic impact but does not pay for itself.

Tags: ap, bill, house finance committee, united states, monday, economics, measure, legislation, legislature, legislatures, business, juneau, tax credit, tax credit repeal, film tax credit, film tax-credit program, legislative audit report, film production tax, program performance issues, positive economic impact, tax credit program, alaska legislator, sponsor statement, rep. bill stoltze, co-chair, chugiak, statutory law, anchorage, alaska

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